Max Bupa ties with MobiKwik for micro health insurance products

Coimbatore, Jun 28

Max Bupa insurance today announced a strategic partnership with MobiKwik to promote affordable and convenient bite sized group health insurance products for MobiKwik’s107 Million customers across the country.

Bite-sized insurance offerings are easy to buy, over the counter health insurance products, primarily targeted towards working professionals on the go and are looking for convenient, low price and accessible health plans for their specific health needs.

They are interested in a fully digital buying journey along with simple claims procedure. In this emerging trend, Max Bupa in association with Mobikwik will offer a slew of innovative offerings, including a Cancer cover at nominal premium and a HospiCash product.

Max Bupa’sHospiCash product provides for a pre-defined daily allowance basis the number of days of hospitalization irrespective of the actual expense incurred by the customer. This ensures that the out of pocket expenses are taken care of.

Priced at an annual premium as low as INR 135, HospiCash will offer INR 500 per day hospital allowance for up to 30 days in a year to a customer. If admitted to an ICU, the amount receivable by the policy holder is twice the daily hospitalization cash benefit.

The HospiCash buying journey on the MobiKwik app is fully digital – just 2-clicks and even the claim process is simple, thus making the customer experience completely seamless, said company sources

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